EURJPY - Short-Term Sells Confirmed?
Hi Traders. In the previous several analysis I talked about buying opportunities as price broke above the minor resistance structure at 139, then I mentioned we're looking to target 142. Everything has been into our favour so far.
But do not forget, when price had multiple rejections at 144, followed by strong reversal downwards, things have shifted to Bearish from a short to mid-term perspectives.
That's also the main reason why I said we could probably expect some selling pressure at 142.
As now Price Action has again turned Bearish, let's see if it rejects some of the minor resistance like 140 or 140.60.
If you enjoy the content, make sure you follow my profile and click the like button.
Take care and trade safe.
All the content I've posted are for educational purposes, please perform your own research and only take it as a reference.
But do not forget, when price had multiple rejections at 144, followed by strong reversal downwards, things have shifted to Bearish from a short to mid-term perspectives.
That's also the main reason why I said we could probably expect some selling pressure at 142.
As now Price Action has again turned Bearish, let's see if it rejects some of the minor resistance like 140 or 140.60.
If you enjoy the content, make sure you follow my profile and click the like button.
Take care and trade safe.
All the content I've posted are for educational purposes, please perform your own research and only take it as a reference.
관련 발행물
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.